Opec+ moves and weak demand weigh on oil markets

Investors' short-term worries could be eased by anticipated summer demand increase, analysts say

Russia's first deputy prime minister Alexander Novak (left) and his counterparts from Saudi Arabia, Prince Abdulaziz bin Salman (centre-left) and the UAE's Suhail Al-Mazroui (centre-right), walk out with other delegates after the end of Opec meeting in Riyadh on Sunday, 2 June 2024.
Russia's first deputy prime minister Alexander Novak (left) and his counterparts from Saudi Arabia, Prince Abdulaziz bin Salman (centre-left) and the UAE's Suhail Al-Mazroui (centre-right), walk out with other delegates after the end of Opec meeting in Riyadh on Sunday, 2 June 2024.Photo: HAITHAM EL-TABEI/AFP/SCANPIX
Published 4 June 2024, 22:07Updated 5 June 2024, 12:44
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